Question # 1

Index number are called:

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Mathematical barometer

Economic barometer

Statistical barometer

Both A and C

For computing chain index , we compute

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Price relative

Link relative

Weighted indices

None of these

The volume or quantity of goods are compared by

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Price index numbers

Relative index numbers

Volume index numbers

Paasche's index

The weights used in a price index are.

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Percentage of total price

Average of prices

Quantities

None of these

CPI falls in the category of.

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A simple index

An aggregative

An inflationary index

Wholesale price index

Which index numbers are used to measure the buying power of the money

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Wholesale Price index number

Money index number

Simple index number

Price index number

In chain base method the base period is.

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Fixed

Changed

Constant

None of these

If all values considered in calculating an index are of equal importance, the index is

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Weighted

Simple

Un weighted

None of these

The price used in the construction of consumer price index numbers are.

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The retail prices

The fixed price

Thw wholsale prices

None of these

Which is the most suitabel average in chain base method.

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Arithemetic mean

Median

Geometric mean

Weighted arithmetic mean

Which of the following price indices are prepared by Federal Bureau of Statistics.

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Wholesale price index

Consumer price index

Sensitive price indicator

All of these

The most suitable average for computing of index number is:

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A.M

G.M

Median

H.M

The changes in whole sale or retail price are studies in

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Price index numbers

Volume index numbers

Aggregate index numbers

Chain index numbers

If Laspeyres index = 104.5, Paasche's index = 107.9, then, Fisher's ideal index is equal to:

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100

104.1

106.2

110.2

Consumer price indexis obtained by.

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Paache's formula

Marshall Edgeworth formula

Fisher's ideal formula

Family Budget Method formula

Index for base period is always take as.

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zero

one

200

100

An index having a wide scope is called:

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Price index number

General purpose index number

Special purpose index number

None of these

Which of the followingindices satisfies both the time reversal and factor reversal tests.

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Fisher's method

Paasche's method

Laspeyres method

None of these

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